this deal ever really start? is was it ever really, well, real? did elon musk ever truly intend to buy out the company, and if he did, what happened? and now what happens? welcome, everyone, i m neil cavuto and happy weekend and not if you re a twitter shareholder on news that elon musk is quitting. the latest from kelly o grady out in los angeles on what went wrong. reporter: hey, neil. what a roller coaster, right? elon is claiming he has grounds to terminate the social platform because they failed to provide key information and that the company appears to have made misleading statements during their negotiations. now, this really all comes down to the number of spam bots on the platform. the reason bots are so important is musk has made no new attempts to grow the revenue, and that risks on act rests on active users. all indications suggest that several of twitter s public exposures are either false or materially misleading. it appears twitter is dramatically understat
yeah, we do have the treat yourself mentality, and go broke, go big or go home, but we re starting to see people made the trade-off. i ll put it on the credit card and deal with it in the future and catch up with people. neil: and that happens. jim which stopped wearing ties and it could be on one of these shows completely naked. jimmy, how long do you think it lasts, and i ve been on this rodeo and about peters out and people run out of money and we re in a recession and i m not saying that happens, and from a much higher place. neil, when the interest rates climb higher, right now, they re not great, but we re nearing a point where pretty soon you ll get a better interest rate from the mob than from your bank. they re drilling people on interest, as the rates continue to climb it s harder to manage this sort of thing because a lot of us, neil, are still paying for old fun. we re doing the balance transfer game. you know, fun you have in 2012.
bankrate.com did a study to show who had credit card debt and i was quite surprised at the results. you would think it s lower income folks that make $30,000 or $40,000. it turns out people making $80,000 or more are more likely to have credit card debt and using it for everyday expenses like groceries, utilities, child care. so going into 2020, many of those people need to just take a look what they have and then try to come up with a plan to reduce that debt so they are not carrying this very expensive debt which, on average, is about 17%. so, michelle, i know people, no names being used. i m sure they are grateful for that. they play the balance transfer game to try to pay off cards. move it here, move it there but then you pay the 3% or 4% to
to another card that has a lower rate, terry? well, you re really fooling yourself because just transferring the balance is it may give you some breathing room so i won t tell you not to do it. i m going to in fact show you where to get some tips about transferring. but then i ll tell you about the fine print. if you go to lowcards.com they have some very interesting offers on the home page of credit card issuers that are offering you good deals to transfer your balance. you can even get a zero percent interest rate. so that s tempting, but you ve got to use that time to pay down your credit card bill because the fine print will tell you that, after you transfer, you may encounter a balance transfer fee. you may encounter rising interest rates within three months or six months, higher than you re even paying right now. so if you re going to play the balance transfer game, remember that s giving you time to pay it down. also, if you don t have good credit, those companies aren t goi
manchester tonight. cnn political editor paul steinhauser is there and so is cnn s political reporter shannon travis. good to see both of you. you look very happy. i know you ve been working your butts off, but you look lively. paul, let s start with you. there is a debate tonight, another tomorrow. why are they so important? well, listen, don. we ve seen the whole cycle of debates, they ve been so outsized in importance like we ve never seen before. the debates make and break candidates t. they broke rick perry. they ve broken herman cain and some others. well, that could happen again tonight. the other thing, don, we haven t had a debate there have been 13, but we haven t had one in almost a month. it has been a while and a lot has change. we lost michelle balk p man. rick santorum used to be off to the side. now he ll be in the middle. mitt romney is used to the scrutiny. we ll see if santorum is used to it. one more thing, when i stand next to shannon travis i make him